Open Date 4th May 2022
Close Date 9th May 2022
Price Band ₹902 to ₹949 per equity share
Lot Size 15 equity shares
Investment Per Lot Rs.14235
Listing at NSE & BSE
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LIC IPO Details

Life Insurance Corporation of India is one of the top life insurance providers in India with an approximate 69% market share and total asset value of Rs. 31,00,000 crore (FY 2018-19). While the LIC IPO opening date and the issue size is still unannounced, it is estimated that with this IPO, LIC intends to sell approximately 25% of the government stake and raise somewhere between Rs. 70,000 crore to Rs. 1,00,000 crore. It will be a 100% book built issue and will likely be one of the biggest IPOs to hit the market this year.


Open Date 4th May 2022
Close Date 9th May 2022
Allotment Date 12th May 2022
Initiation of Refunds 13th May 2022
Credit of Shares to Demat Account 16th May 2022
Listing Date 17th May 2022

LIC IPO Lot Size

Minimum Lot Size 1
Maximum Lot Size 14

LIC IPO Review/Ratings

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LIC IPO Subscription Breakup

QIBs 50%
Non-Institutional Investors 15%
Retail Individual Investors 35%

How To Apply For LIC IPO?

  1. Go to the IPO Section => IPO Listing => Open IPO.
  2. On tapping LIC IPO, you can directly click on Subscribe to apply or even view the IPO details.
  3. On the Subscribe Screen/Page, you will be required to enter the number of lots, cut-off price, UPI ID and tap Verify.
  4. Once you select ‘Subscribe’. Your bid will be executed.
  5. You can check the status of your IPO bid in the IPO Transactions section.
Click here to read the entire procedure to apply for the IPO
Apply for the LIC IPO with Jiffy


Yes, IPO application for Retail Investors is up to 2 Lakhs.
You will have to opt for the ASBA – Application Supported by Blocked Amount facility. Please get in touch with your bank for the same, do check if your bank is in the list of Banks here:
No. Applications made by retail investors using third party UPI ID or by any category of investors using a third party bank account are liable for rejection.
Yes, before the issue closure date. You can do it through Jiffy itself. The blocked amount will be available in 1 working day.
You have to visit the LIC website to check the allotment status of your subscription to LIC IPO.